Not A Newt@not_a_newt

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Federal Reserve interest rate decision

🇺🇸‼️🚨 FED HOLDS RATE The Federal Reserve kept rates at 3.75–4.00% in a 10–2 vote. Lisa Cook and Beth Hammack dissented, pushing for a 0.25% rate increase instead… reportedly Cook’s first ever dissent. A hike means pricier loans and mortgages to cool inflation, and the Fed says inflation “remains elevated.” Rate increases are back in the conversation…

2h

Not A Newt@not_a_newt

Follow

Federal Reserve interest rate decision

🇺🇸‼️🚨 FED HOLDS RATE The Federal Reserve kept rates at 3.75–4.00% in a 10–2 vote. Lisa Cook and Beth Hammack dissented, pushing for a 0.25% rate increase instead… reportedly Cook’s first ever dissent. A hike means pricier loans and mortgages to cool inflation, and the Fed says inflation “remains elevated.” Rate increases are back in the conversation…

2h